New CFO arrives at the BBC

The BBC has announced former BSkyB director of corporate finance and Goldman
Sachs banker Neil Chugani will be its new CFO.

Chugani takes over from David King who moves on to become MD of Acquisitions.

Apart from his executive director role at Goldman Sachs, Chugani also served
in a number of senior roles at BSkyB including director of corporate finance, IR
and Treasury; deputy to the chief financial officer; and deputy head of
strategic planning.

Chugani is set to take responsibility for for leading and developing all
aspects of BBC Worldwide’s financial strategy, in particular the development of
the five-year growth plan.

‘This is a fantastic opportunity,’ said Chugani. ‘BBC Worldwide is a dynamic
and fast-growing business with operations and partnerships around the world. The
recent acquisition of Lonely Planet demonstrates the ambitions of BBC Worldwide
and I am looking forward to playing a major part in the business achieving its
strategic and financial goals.’

John Smith, chief executive of BBC Worldwide said: ‘I am delighted that Neil
is joining the Board at BBC Worldwide. He brings tremendous financial, strategic
and negotiating expertise to our team and joins us at a really exciting time of
our international development.’

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